8X8 (NASDAQ:EGHT – Get Free Report) issued an update on its fourth quarter 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.070-0.080 for the period, compared to the consensus estimate of 0.050. The company issued revenue guidance of $178.5 million-$185.5 million, compared to the consensus revenue estimate of $174.9 million. 8X8 also updated its FY 2026 guidance to 0.360-0.370 EPS.
Analysts Set New Price Targets
A number of equities analysts recently weighed in on EGHT shares. Rosenblatt Securities restated a “buy” rating and set a $2.50 price target on shares of 8X8 in a research report on Wednesday, November 5th. Weiss Ratings reissued a “sell (e+)” rating on shares of 8X8 in a research note on Monday, December 29th. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, 8X8 has an average rating of “Reduce” and a consensus target price of $2.49.
Read Our Latest Research Report on EGHT
8X8 Trading Down 3.5%
More 8X8 News
Here are the key news stories impacting 8X8 this week:
- Positive Sentiment: Reported Q3 results beat consensus — management posted revenue ~ $185M and an EPS print above analyst expectations, driving a positive reaction from markets. Read More.
- Positive Sentiment: Market response was strong after the release (shares rallied sharply after close), reflecting investor enthusiasm around the beat and improving net income/operating profit trends reported for the quarter. Read More.
- Positive Sentiment: Company highlighted accelerating adoption of AI- and API-driven communications across industries — this product momentum can support future revenue expansion and higher-margin services. Read More.
- Neutral Sentiment: Some reported metrics differ across data providers (reported EPS and estimates vary between outlets), suggesting investors should check the company press release/GAAP vs. non‑GAAP disclosures for the definitive numbers. Read More.
- Neutral Sentiment: Analyst coverage remains limited but includes at least one recent Buy rating; follow-up analyst notes and any guidance will matter for near-term sentiment. Read More.
- Negative Sentiment: Operating cash flow declined year‑over‑year and cash & cash equivalents fell to under $90M, raising focus on cash generation and runway despite the profitability uptick. Read More.
- Negative Sentiment: Gross profit decreased and cost of sales rose year‑over‑year, which could pressure margins if the trend continues even as operating profit improved. Read More.
- Negative Sentiment: Insider selling was reported (one sale by a senior executive), a small negative signal that investors sometimes note after earnings. Read More.
- Neutral Sentiment: Short-interest entries in recent feeds show inconsistent/zero data; the short interest picture is unclear and unlikely to explain the move today. Read More.
Institutional Investors Weigh In On 8X8
A number of institutional investors have recently modified their holdings of the company. Dynamic Technology Lab Private Ltd boosted its holdings in 8X8 by 505.2% in the first quarter. Dynamic Technology Lab Private Ltd now owns 79,147 shares of the company’s stock valued at $158,000 after purchasing an additional 66,070 shares during the period. Geode Capital Management LLC grew its holdings in 8X8 by 2.7% during the 2nd quarter. Geode Capital Management LLC now owns 3,228,294 shares of the company’s stock worth $6,329,000 after acquiring an additional 84,176 shares in the last quarter. Cetera Investment Advisers purchased a new stake in shares of 8X8 in the 2nd quarter valued at approximately $55,000. JPMorgan Chase & Co. increased its position in shares of 8X8 by 33.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,516,232 shares of the company’s stock valued at $4,932,000 after purchasing an additional 628,024 shares during the last quarter. Finally, Rhumbline Advisers lifted its position in shares of 8X8 by 10.8% during the 2nd quarter. Rhumbline Advisers now owns 203,407 shares of the company’s stock worth $399,000 after purchasing an additional 19,813 shares during the last quarter. 93.99% of the stock is owned by institutional investors and hedge funds.
About 8X8
8×8, Inc (NASDAQ: EGHT) is a global provider of cloud-based enterprise communications, collaboration and contact centre solutions. The company’s unified communications as a service (UCaaS) platform integrates voice, video, chat, SMS and contact-centre capabilities into a single, software-driven solution. By combining real-time analytics, team messaging and interoperability with third-party business applications, 8×8 aims to simplify communications infrastructure for organisations of all sizes.
Founded in 1987 and headquartered in Campbell, California, 8×8 pioneered hosted VoIP services for businesses in the late 1990s and went public on the NASDAQ in 1997.
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